Securities Code: 000988 Securities Abbreviation: Huagong Technology Announcement No.: 2025-73 Huagong Technology Industry Co., Ltd. Announcement on Adjusting the 2025 Annual Forecast for Related Party Transactions The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Basic情况 of Related Party Transactions (I) Overview of Related Party Transactions Huagong Technology Industry Co., Ltd. (hereinafter referred to as "Huagong Technology" or "the Company") held the Ninth Board of Directors' Ninth Meeting on April 10, 2025, and reviewed and approved the "Proposal on the Forecast of Related Party Transactions for 2025". It is estimated that the related party transactions that may occur in 2025 will amount to RMB 13,596 million. For details, please refer to the "Announcement on the Forecast of Related Party Transactions for 2025" (Announcement No.: 2025-06) disclosed by the Company in designated media on April 12, 2025. The Company held the Ninth Board of Directors' Twentieth Meeting on December 29, 2025, and reviewed and approved the "Proposal on Adjusting the Forecast of Related Party Transactions for 2025". Due to business needs between the Company and related parties, it was agreed to further adjust the forecast amount of related party transactions for 2025. The previously forecasted amount of RMB 13,596 million was increased by RMB 4,191 million, bringing the total to RMB 17,787 million. Related Directors Mr. Ma Xinqiang, Ms. Ai Jiao, Mr. Liu Hanshu, Mr. Xiong Wen, and Ms. Huang Xinhua recused themselves from voting on this proposal. This proposal has been reviewed and approved by the Ninth Board of Directors' Fifth Independent Directors' Special Committee Meeting in 2025, and it was agreed to submit it to the Board of Directors for review. In accordance with the "Shenzhen Stock Exchange Stock Listing Rules" and the "Articles of Association" and other relevant regulations, this proposal does not need to be submitted to the Company's shareholders' meeting for review.
(II) Basic Situation of Adjusting the Amount of Related Party Transactions The basic situation of the adjusted 2025 related party transaction amounts between the Company and related parties is summarized in the table below: